Cash Public Loan App: Your Trusted Financial Solution

1.1.2
Download
3.3/5 Votes: 15
Developer
Midland Microfin Limited
Updated
September 08, 2023
Size
6 Mb
Version
1.1.2
Requirements
5.0+
Report this app

Images

Description

Cash Public Loan App is a trusted online lending platform catering to the needs of Indian residents. Whether you have an urgent medical expense, need to fund your child’s education, or want to cover unexpected bills, Cash Public Loan has got you covered. With the ability to borrow up to ₹200,000 and a flexible repayment period of up to 365 days, financial stability is within your reach.

Understanding Cash Public Loan App

Cash Public Loan is designed to simplify the borrowing process. It provides quick and hassle-free loans to individuals facing short-term financial challenges. One of the significant advantages of this app is its maximum Annual Percentage Rate (APR) capped at 30%. Additionally, the service fee ranges from 5% to 9% based on the customer’s credit history, making it an affordable borrowing option.

How Cash Public Loan Works

Here’s a simple breakdown of how Cash Public Loan works:

Example Cash Public Loan: If you borrow ₹20,000 with an APR of 30% and a service fee of 1% for a tenure of 95 days, here’s what you need to pay on the due date:

  • Interest: ₹20,000 x 30%/365 x 95 = ₹1,562
  • Service fee: ₹20,000 x 1% = ₹200

The total amount disbursed will be ₹19,800 (₹20,000 – ₹200), and the total amount to repay will be ₹21,762 (₹20,000 + ₹1,762). Your monthly repayment will be ₹7,254 (₹21,762 / 3).

Eligibility Criteria

To access Cash Public Loan, you must meet the following criteria:

  1. Indian resident
  2. Age between 18 and 60 years
  3. Possession of a Pan Card and Aadhaar Card
  4. Stable source of income
  5. Active mobile number and a bank account

Steps to Get Started with Cash Public Loan

Getting started with Cash Public Loan is a breeze:

  1. Download the Cash Public App from third-party websites and install it on your device.
  2. Register using your phone number.
  3. Provide basic information as requested.
  4. Agree to and electronically sign the agreement, then wait for approval.
  5. Once approved, access the borrowed funds.

Why Choose Cash Public Loan App?

Cash Public Loan App distinguishes itself through its user-friendly interface and commitment to customer satisfaction. Here’s why you should consider it:

  • Quick approval process
  • Competitive interest rates
  • Flexible repayment terms
  • Secure and confidential transactions
  • Excellent customer support

Interest and Service Fee Calculation Example

To better understand the cost of borrowing with Cash Public Loan App, consider the following example:

[Insert a real-life scenario example]

Customer Support

For any queries or assistance, you can reach Cash Public Loan App’s customer service via email at cashuserpublic@outlook.com.

Conclusion

In a dynamic and unpredictable financial world, Cash Public Loan emerges as a reliable companion for Indian residents seeking financial stability. With its transparent terms, competitive rates, and convenient application process, it’s a trustworthy solution for your short-term financial needs.

FAQs

  1. Is Cash Public Loan available only in India?
    • Yes, Cash Public Loan is exclusively available for Indian residents.
  2. What is the maximum loan amount I can borrow?
    • You can borrow up to ₹200,000 using Cash Public Loan App.
  3. How long does it take to get loan approval?
    • The approval process is quick, and you can expect a response shortly after submitting your application.
  4. Are the transactions on Cash Public Loan App secure?
    • Yes, Cash Public Loan App ensures the security and confidentiality of your financial transactions.
  5. Can I repay my loan early?
    • Yes, you have the flexibility to repay your loan before the tenure ends, saving on interest costs.

Leave a Reply

Discover more from Download App Android free

Subscribe now to keep reading and get access to the full archive.

Continue reading